Following some of the major data breaches in 2022/2023 ,and others such as the CIPC breach in South Africa in February 2024, Cyber Security continues to be a major issue in Africa with monthly data breaches growing to over 150 a month in South Africa alone in early 2024, up from an average of 56 per month in 2023, according to the South African Information Regulator. The Google H1 threat report 2024, also reports that threats have increased in both number and in sophistication and that they have targeted all IT environments— on premise, mobile, IT/OT, and cloud environments. The…
Author: Greg Stewart
Increasingly, Ai is not only impacting areas of business such as software coding and research, but are rapidly being integrated into everyday technology that is likely to result in Ai having a more integrated role in our everyday living. The big question is; Will new Tech developments such as new wearable devices change our devices choices and the way we interact with each other and the internet? Wearables, such as smartwatches and AR glasses, are able to offer a more integrated and possibly a more convenient way for people to access information and perform tasks without the need to carry…
As we venture down a new unknown path in Ai driven software development, there are numerous dangers lurking ahead that businesses need to take urgent cognisance of and as more and more software code is either generated by, or assisted via Ai, there are credible risks that are starting to emerge. Angus Norton, in his tech blog, distinguishes between current Ai hype and what he terms applied Ai. Here he provides a definition where, “Applied AI is the practical implementation of artificial intelligence technologies to solve real-world problems and enhance various aspects of business and daily life”. When it comes to…
Market Trends: 2023, saw a dramatic 46% Year-on year decline in overall venture capital (VC) funding, reaching only $3.5 billion. The Fintech sector retaining its top demand for investors. It is also expected that more African start-ups such as Tymebank, will be looking to acquire companies outside the continent or expand their services globally in 2024. While Venture Capital funding continues, this has been subject to less appetite for new investment, perhaps caused by several high-profile tech failures in 2023. South African transit data provider – Where Is My Transport and Kenyan Tech start-up Sendy, were among those that shut down last year…
Wide ranging protests were arranged in Kenya over the weekend, and have continued into the week to protest the recently proposed new Finance Bill 2024, with many calling for the resignation of president Ruto. The bill, that has not yet been signed into law yet, but has been signed off by the Kenyan parliament, will see additional taxes imposed on a wide range of companies and services including Tech, internet data services and e-payment services that are to be affected, in turn affecting affordability. The electric vehicle sector, that has seen positive growth in Kenya, alongside e-commerce, Telco and e-hailing…
